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Intraday Market Analysis – JPY Breaks Key Support

USDJPY climbs to 3-year high The yen plunges as low Japanese bond rates reflect the divergence in monetary policies. A close above the pre-pandemic peak around 112.10 has triggered a runaway rally. A bullish MA cross indicates an acceleration to the upside. Strong momentum and a lack of resistance a...

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Intraday Market Analysis – JPY Breaks Key Support

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